The new global head of The Standard Chartered Private Bank, Shayne Nelson, has taken up his post after his appointment was announced back in April this year. He takes over from Peter Flavel, who has moved to a new position, that of global head for personal banking at StanChart.

Prior to this role, Nelson held various key roles within the bank including regional chief executive officer for the Middle East and North Africa, chief risk officer for wholesale banking, regional credit officer, Hong Kong, China & North East Asia, and CEO and managing director for Malaysia.

Nelson will be based in Singapore and will report to Steve Bertamini, group head of consumer banking.